Price for Cocoa; Paste, Wholly or Partly Defatted in India - 2023
Contents:
- Price for Cocoa; Paste, Wholly or Partly Defatted in India (CIF) - 2022
- Price for Cocoa; Paste, Wholly or Partly Defatted in India (FOB) - 2022
- Imports of Cocoa; Paste, Wholly or Partly Defatted in India
- Exports of Cocoa; Paste, Wholly or Partly Defatted in India
Price for Cocoa; Paste, Wholly or Partly Defatted in India (CIF) - 2022
The average import price for cocoa; paste, wholly or partly defatted stood at $672 per ton in 2022, shrinking by -12.5% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 81%. As a result, import price attained the peak level of $4,847 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cote d'Ivoire ($1,047 per ton), while the price for Malaysia ($560 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+14.2%), while the prices for the other major suppliers experienced a decline.
Price for Cocoa; Paste, Wholly or Partly Defatted in India (FOB) - 2022
In 2022, the average export price for cocoa; paste, wholly or partly defatted amounted to $1,077 per ton, waning by -81.2% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 283% against the previous year. The export price peaked at $25,052 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Somalia.
From 2013 to 2022, the rate of growth in terms of prices for the Philippines amounted to +92.5% per year.
Imports of Cocoa; Paste, Wholly or Partly Defatted in India
In 2022, approx. 606 tons of cocoa; paste, wholly or partly defatted were imported into India; increasing by 6.3% on 2021. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 192% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of cocoa; paste, wholly or partly defatted dropped to $407K in 2022. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 143%. As a result, imports attained the peak of $438K, and then fell in the following year.
| Import of Cocoa; Paste, Wholly or Partly Defatted in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 8.3 | 137 | 260 | 459.7% |
| Cote d'Ivoire | N/A | 40.1 | 143 | 126 | 77.3% |
| Netherlands | N/A | 81.2 | 133 | 16.1 | -55.5% |
| United Arab Emirates | N/A | N/A | 24.8 | 1.0 | -96.0% |
| Ghana | 307 | 51.0 | N/A | N/A | -83.4% |
| Others | N/A | N/A | N/A | 3.9 | 0% |
| Total | 307 | 181 | 438 | 407 | 9.9% |
Top Suppliers of Cocoa; Paste, Wholly or Partly Defatted to India in 2022:
- Malaysia (465.4 tons)
- Cote d'Ivoire (120.0 tons)
- Netherlands (19.2 tons)
Exports of Cocoa; Paste, Wholly or Partly Defatted in India
Exports of cocoa; paste, wholly or partly defatted from India surged to 27 tons in 2022, increasing by 35% compared with the previous year. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,224% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of cocoa; paste, wholly or partly defatted contracted rapidly to $29K in 2022. Overall, exports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 203% against the previous year. As a result, the exports reached the peak of $115K, and then shrank notably in the following year.
| Export of Cocoa; Paste, Wholly or Partly Defatted in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | N/A | N/A | N/A | 27.5 | 0% |
| Malaysia | N/A | N/A | 110 | N/A | 0% |
| Nepal | 2.1 | 2.4 | N/A | N/A | 14.3% |
| Philippines | 29.7 | 33.8 | N/A | N/A | 13.8% |
| Others | 20.9 | 1.6 | 4.2 | 1.7 | -56.7% |
| Total | 52.7 | 37.9 | 115 | 29.1 | -18.0% |
Top Export Markets for Cocoa; Paste, Wholly or Partly Defatted from India in 2022:
- Somalia (26.8 tons)
508
This report provides an in-depth analysis of the cocoa paste market in India.
767
This report provides an in-depth analysis of the global cocoa paste market.
508
This report provides an in-depth analysis of the cocoa paste market in India.
767
This report provides an in-depth analysis of the global cocoa paste market.
83
Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
1136
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
763
In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
1892
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
1046
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
83
Discover the top import markets for cocoa paste in 2023, including countries like the Netherlands, United States, Germany, and more. Learn about the key players driving the global cocoa paste industry.
1136
In value terms, cocoa imports totaled $X in 2016. Overall, cocoa imports continue to indicate a moderate setback. Global cocoa import peaked of $X in 2009; however, from 2010 to 2016, it stood at ...
763
In value terms, cocoa paste imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the las...
1892
In value terms, cocoa exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern remained relat...
1046
In value terms, cocoa paste exports stood at $X in 2016. In general, cocoa paste exports continue to indicate a prominent expansion. Over the period under review, global cocoa paste exports reached...
